Tag Archives: Economic Recession
Employees Reacting to the Downturn, Part 3
SHRM reports that employees are reducing credit card use as a result of the recession. SHRM also reports that employees are increasing their credit card use as a result of the recession. How can employees do both? They can’t, but surveys can give that impression without careful analysis. I discuss two different scenarios that might explain this pattern of results. Continue reading
Filed under Business, Compensation, Employee Surveys, Human resources, Psychometrics
Employees Reacting to the Downturn, Part 2
Employees surveyed by SHRM indicate that their HR departments have been helpful in preserving benefits packages. How accurate is this perception? Does HR have influence over financial decisions like these? By way of contrast, fewer employees report that HR has been helpful in boosting morale. Continue reading
Filed under Human resources
Employees Reacting to the Downturn, Part 1
SHRM reports that many employees do not anticipate looking for a new job once the economy improves. Given how much companies have had to cut expenses, how is this the case? I offer an explanation rooted in attribution theory; can you think of other reasons for this pattern of results? Continue reading
